It just instituted a bunch of changes which will radically change the magazine and may make it break even. "A person familiar with the matter said the publication, which Bloomberg acquired in 2009, was on pace to lose between $20 million and $30 million this year." http://www.wsj.com/articles/bloomberg-changes-businessweek-l...

According to what I could find online, the advertising rates they can charge make The New Yorker relatively profitable. Do you know if Bloomberg television is profotable or mainly a vehicle for promoting the brand? The reporting is a whole lot higher quality than CNBC, but the ads, especially in the evening seem like they are pretty cheap.

Between subscriptions and ads, I can say from first-hand knowledge that The New Yorker is definitely one of the more profitable Conde barns/magazines.

All our media properties are marketing for our other products (Terminal subscriptions, B-PIPE, etc.)

Makes sense. The "loss" is the cost of a giant content marketing campaign.